The Vita Coco Company, Inc. (COCO)
The Vita Coco Company, Inc. operates in the Beverages - Non-Alcoholic industry of the Consumer Defensive sector, headquartered in New York City, NY, US. The stock last traded at $65.21, up 0.00% on the session, giving a market capitalisation of $3.74B. On trailing twelve-month figures it carries a trailing P/E of 34.02, a net margin of 15.5%. Its beta of 0.77 implies it has historically moved less than the broad market.
The Vita Coco Company, Inc. is a global beverage enterprise, founded in New York in 2004, primarily engaged in the development, marketing, and distribution of its flagship Vita Coco-branded coconut water. Its extensive market presence spans the United States, Canada, Europe, the Middle East, and the Asia Pacific region. Beyond its core product, the company's diverse portfolio encompasses coconut oil and milk, Hydration Drink Mix (a powdered flavored coconut water), sparkling water, the plant-based energy drink Runa, purified water under the Ever & Ever label, and PWR LIFT, a protein-enhanced fitness beverage. The firm leverages a broad distribution network, reaching consumers through club stores, grocery chains, pharmacies, mass merchandisers, convenience stores, online channels, and foodservice providers. Furthermore, Vita Coco acts as a wholesale supplier of coconut water and coconut oil categories to other retailers. Originally known as All Market Inc., the company officially adopted The Vita Coco Company, Inc. as its name in September 2021.
The Vita Coco Company, Inc. is most often compared with the following Consumer Defensive names: